Refining
Thailand to import more U.S. ethane to reduce trade surplus
Thailand will increase U.S. ethane imports by at least 1 MMt starting from the second quarter of this year to try to reduce its trade surplus with the United States.
China tariff retaliation targets its modest U.S. energy imports
China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
PBF Energy Martinez, California (U.S.) refinery shut down after Saturday fire
PBF Energy said on Sunday its 156,400-bpd Martinez, California (U.S.) refinery was shut down after a fire on Saturday.
Nigeria to block oil export permits for producers who do not fill refinery quotas
Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated supply quota to local refineries, including the Dangote Refinery, Africa's largest.
Kurita America to merge with Avista Technologies
Kurita America, part of the Kurita Group, a leading global provider of water treatment solutions, has announced its pending merger with sister company, Avista Technologies, Inc. This merger will officially take effect on April 1, 2025.
Ukrainian drone strikes trigger fires at major oil and gas facilities in Russia
Ukraine struck energy facilities in southern Russia with dozens of drones launched on Monday, triggering fires at a major oil refinery and gas processing plant and disrupting flights from the Volga to the Caucasus Mountains, Russian and Ukrainian officials said.
Analysis: Trump's oil tariffs a boost for European and Asian refiners
U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants said.
bp and Iberdrola choose Toledo-based Imefy to supply the main transformer for green H2 plant
bp and Iberdrola have awarded the Toledo-based company Imefy the contract to manufacture and supply the transformer for the largest renewable H2 production plant in Spain (25 MW), which will be located at the bp refinery in Castellón.
Russia's Lukoil eyes $2 B from Bulgaria refinery sale
Russia's second-largest oil producer Lukoil plans to raise around $2 B from the sale of its Burgas oil refinery in Bulgaria.
Syensqo and Ardent partner to accelerate point source carbon capture innovation
Syensqo and Ardent have formalized their strategic partnership, building upon more than two years of successful collaboration in advancing carbon capture and olefin-paraffin separation solutions. The partnership includes a licensing agreement and establishes Syensqo as a strategic supply chain partner to Ardent, marking a significant milestone in both companies' commitment to driving innovation in sustainable energy technologies.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
